Part 2: Navigating the future of global oil and refining markets
The Energy Transition is Reshaping Everything. Are You Ready?
1 minute read
Avanpal Sehmi Singh
Research Analyst, Oils and Chemicals
Avanpal Sehmi Singh
Research Analyst, Oils and Chemicals
Avanpal is focused on refinery evaluation modelling and long-term outlooks for Europe and FSU.
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Opinion
Part 2: Navigating the future of global oil and refining markets
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Global refinery closure outlook to 2035
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Assessing the refineries at risk of closure
The refining industry is at a critical inflection point. With decarbonisation accelerating globally, traditional market dynamics are being completely rewritten. The decisions you make today will determine your competitive position for the next two decades.
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In Part 2 of our video series, "Navigating the future of global oil and refining markets", Avanpal Sehmi Singh, Research Analyst at Wood Mackenzie, explains why refineries must fundamentally reimagine their operations, from crude selection to product mix, in order to stay profitable as gasoline demand declines and petrochemical feedstock needs rise.
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- How will refineries adapt to changing market dynamics?
- What future disruptions should your business prepare for?
- What sets Wood Mackenzie’s analysis apart?